Trade Law Update

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S. Korea to tighten monitoring of tariff-rate quota to prevent abuse by importers | Yonhap News Agency

OK By Kim Han-joo SEOUL, Marh 18 (Yonhap) -- The government on Wednesday announced plans to strengthen monitoring to prevent importers from exploiting the country's tariff-rate quota system, including imposing additional duties on violators. The Ministry of Economy and Finance …

#trade law #tariff quota #importer penalties #customs regulation #legal news